BlackRock Contemplates Stake in Eurizon

Posted on 06/23/2018


Asset management giant BlackRock is contemplating purchasing a 30% ownership stake in Intesa SanPaolo’s asset management unit called Eurizon Capital SGR S.p.A. BlackRock is keen on growing its technology business and increase market adoption of its Aladdin platform, which is still majority used by U.S. clients of the asset manager. Intesa has been working with […]